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Russian Finance Minister: Russia Is Using Bitcoin for International Trade
Russian Finance Minister Anton Siluanov said on Wednesday that Russian companies have started using Bitcoin and other digital currencies in international payments, a result of legislation changes allowing such usage to counter Western sanctions.
π± @Money π± Twitter
Russian Finance Minister Anton Siluanov said on Wednesday that Russian companies have started using Bitcoin and other digital currencies in international payments, a result of legislation changes allowing such usage to counter Western sanctions.
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π December 25, 2024 cryptocurrency news highlights
γCryptocurrencyγ
πͺ Solana's sustained positive net capital inflow since September 2023 has fueled its growth and price appreciation, reaching a significant peak of $776 million in daily new capital inflow. β
γEconomyγ
Turkey introduced new crypto AML regulation, which requires users who trade more than 15,000 Turkish liras ($425) to provide their ID information to the country's cryptocurrency service providers. The regulations will take effect on February 25, 2025.π΄
γIndicatorsγ
Last week, Bitcoin's price dropped, and its network's hashrate fell from 806 exahash per second (EH/s) on Dec. 14 to 771 EH/s by Dec. 21. However, in the past three days, the hashrate has recovered, rising by 11 EH/s π
γMoreγ
Russian Finance Minister: Russia Is Using Bitcoin for International Trade
π± @Money π± Twitter
γCryptocurrencyγ
πͺ Solana's sustained positive net capital inflow since September 2023 has fueled its growth and price appreciation, reaching a significant peak of $776 million in daily new capital inflow. β
γEconomyγ
Turkey introduced new crypto AML regulation, which requires users who trade more than 15,000 Turkish liras ($425) to provide their ID information to the country's cryptocurrency service providers. The regulations will take effect on February 25, 2025.π΄
γIndicatorsγ
Last week, Bitcoin's price dropped, and its network's hashrate fell from 806 exahash per second (EH/s) on Dec. 14 to 771 EH/s by Dec. 21. However, in the past three days, the hashrate has recovered, rising by 11 EH/s π
γMoreγ
Russian Finance Minister: Russia Is Using Bitcoin for International Trade
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Bitcoin more than doubled from $43,665 on Christmas Day in 2023 to $98,200 in 2024. Historically, BTC is up 98,199,900% from 2010 at $0.10. π
π£ 2010: $0.25
π£ 2011: $4
π£ 2012: $13
π£ 2013: $682
π£ 2014: $319
π£ 2015: $456
π£ 2016: $896
π£ 2017: $14,027
π£ 2018: $3,815
π£ 2019: $7,275
π£ 2020: $24,665
π£ 2021: $50,430
π£ 2022: $16,831
π£ 2023: $43,665
π£ 2024: $98,200
π± @Money π± Twitter
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π December 26, 2024 cryptocurrency news highlights
γCryptocurrencyγ
NEW: πΏπ¦ South African parliament member Mzwanele Manyi said "Bitcoin is coming in full force. It will devalue gold. It's unstoppable." π₯
γEconomyγ
The Japanese government said they remain cautious about holding Bitcoin in its national reserves, citing cryptoβs exclusion from foreign exchange categories and concerns over security, liquidity, and volatility.
γIndicatorsγ
Bitcoin more than doubled from $43,665 on Christmas Day in 2023 to $98,200 in 2024. Historically, BTC is up 98,199,900% from 2010 at $0.10. π
γMoreγ
Matt Hougan: Bitcoin could reach $500,000 if governments treat it as a strategic reserve, with rising demand from ETFs, corporations, and institutions outpacing its limited supply, potentially driving prices higher π‘π
π± @Money π± Twitter
γCryptocurrencyγ
NEW: πΏπ¦ South African parliament member Mzwanele Manyi said "Bitcoin is coming in full force. It will devalue gold. It's unstoppable." π₯
γEconomyγ
The Japanese government said they remain cautious about holding Bitcoin in its national reserves, citing cryptoβs exclusion from foreign exchange categories and concerns over security, liquidity, and volatility.
γIndicatorsγ
Bitcoin more than doubled from $43,665 on Christmas Day in 2023 to $98,200 in 2024. Historically, BTC is up 98,199,900% from 2010 at $0.10. π
γMoreγ
Matt Hougan: Bitcoin could reach $500,000 if governments treat it as a strategic reserve, with rising demand from ETFs, corporations, and institutions outpacing its limited supply, potentially driving prices higher π‘π
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